£269,672
This estimated value is based upon the latest sale price for the house of £155,000 on 6 May 2011. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£155,000 | 6 May 2011 |
Semi-Detached |
Leasehold |
Floor Area: 178 sq meters or 1,915 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER MANCHESTER to estimate the market value.
When this house was purchased in May 2011 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.982%.Applying this 73.982% change to the original purchase price of £155,000 results in an estimated price of approximately £269,672.
6 May 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 73.982 % | £155,000 | £114,672 | £269,672 |
The Postcode Pricing Model uses changes in average sales price within the OL16 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 69.193 % | £107,249 | £262,249 |
3 Month Average | 71.366 % | £110,617 | £265,617 |
6 Month Average | 63.738 % | £98,794 | £253,794 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Apr 2024 | £131,139 | £130,000 | 83 PERCY STREET |
4 Apr 2024 | £75,657 | £75,000 | 23 CROWN STREET |
1 Aug 2023 | £137,480 | £135,000 | 1 CROWN GARDENS |
16 Jun 2023 | £207,151 | £203,000 | 82 KINGSWAY |
28 Mar 2023 | £100,427 | £98,750 | 4 WATKIN STREET |
This house has a floor area of 178 sq meters or 1,915 sq feet when measured on 17 Nov 2015. Using an estimated price of £269,672 means this house is valued at £1,515 per sq meter (£140 per sq foot).
The average size of a house on KINGSWAY is 142 sq meters (1,536 sq feet).